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Search results

  1. parkerscott

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    Those businesses actually produce revenue. Businesses provide tangible products or services. Bitcoin provides neither, and its changed its function over the last few years from a simple way to do online payments, to a digital store of value, and now most recently to the currency killer. You...
  2. parkerscott

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    I have seen an influx of crypto noobs calling for the end of fiat. That is not a value proposition, that is delusion. Believe me, I am well aware of blockchain use cases and limitations. Im sure the tens of millions of people who just created coinbase accounts and maxed out their weekly limits...
  3. parkerscott

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    You literally just bought bitcoin, and don't even own a substantial amount and are calling for 200k bitcoin. You are the last person on earth I would be taking investment advice from considering you are just now getting started. Barely anybody understands this technology or the risks involved...
  4. parkerscott

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    Translation "Beachfront property in Nevada, cool sign me up! Im all about making money, how it works is secondary" Its funny that nobody sees that this is a textbook bubble that is going to burst any second I have a pretty good idea of where we are at.
  5. parkerscott

    The Cryptocurrency Investing Discussion

    CRYPTO INVESTING 
    This is the exact reason I rarely chime in on discussions anymore. The discussions used to be about the technology, and now it has turned into a get rich quick moonshot. What you just said brings bitcoin close to a 4 trillion dollar marketcap. Bitcoin was a gnat this time last year, governments...
  6. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    I have tried to explain it this way to my mom. Her eyes still glazed over.
  7. parkerscott

    Made roughly 250k this year what can I do about taxes?

    TAXES | REGS 
    ayyyy lmao. Looks like im going to find an accountant now. Hopefully I can find one that deals with cryptocurrencies.
  8. parkerscott

    Made roughly 250k this year what can I do about taxes?

    TAXES | REGS 
    I make about 35k a year pre tax after doing countless hours of overtime, and I did very well this year on an investment. I have never had to deal with this amount of money in my life, and I would like to keep most of it. Unfortunately do to the nature of the investment, I had to pull my money...
  9. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    No!!! Please dont go!!
  10. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Driverless cars will never work. What if the car has to chose to have an accident to prevent a bigger accident. What happens if that car chooses to save will smith instead of a little girl? VR will never work. The feeling is not immersive enough, and it is too expensive and creates motion...
  11. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Woah now truther. We dont need you posting all of those fad links.
  12. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    To any of the naysayers /thread
  13. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Have you not been reading the thread? You sound like you are not reading the thread, because we have countered your "consumer" argument a few times now, and we have stated multiple times that its function is not primarily as a payment system. Please learn how to read or go somewhere else.
  14. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    lololololololololololololololololololololol hold on let me catch my breath lololololololololololololololololololololololololol Raiden Network there you go o wise one.
  15. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    How many times do we have to repeat that being a currency is not really its primary function? To you, and the rest of the naysayers, keep naysaying all you want. Im sure yall are a lot smarter than the 200+ fortune 500 companies that are sitting on a waitlist trying to join an ethereum...
  16. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Im pretty sure I suggested people develop applications in this space rather than investing in the application. I havent shed light on it because nobody has even asked about it yet. The main focus is not on the price. Do I stand to make money if the price goes up? Yeah? Do I, and others stand to...
  17. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    I think hes more referring to the consensus algorithm. If he wants to know what that is, then he is going to need to learn advanced cryptography, game theory, and about things like 51% attacks etc. In short, the answer is that the system can be compromised although super extremely difficult...
  18. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Having the program on the blockchain removes any sort of trust needed. Whats stopping the programmer from going back and changing the code, or deleting all the information on the server? Smart contracts remove trust from negotiations. Yes we do have legal protections in place for things like...
  19. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Snapchat is valued 4x higher than ETH currently. There is a wait list of over 200 fortune 500 companies trying to join the EEA. Very few people know what Ethereum is. Let that sink in.
  20. parkerscott

    Web 3.0 (Ethereum) is happening, and most people have no idea what it even is.

    GOLD! IDEA 
    Thats a pretty lofty goal, but I still believe its the future. I would have already cashed out if I honestly thought it was going nowhere. There are plenty of people that talk about how they wish they were around at the inception of silicon valley, and the dotcom boom, and the app craze, or...
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